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INDICES

Resource Commodities

Name

Last

Change

Gold

1483.20

0.94%

Silver

17.36

3.97%

Copper

2.68

2.681

Platinum

901.00

0.67%

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54.85

0.44%

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2.61

1.53%

Uranium

25.05

0.00%

Almaden Announces Results of Annual General Meeting

VANCOUVER, BC--(Marketwired - June 29, 2016) - Almaden Minerals Ltd. ("Almaden" or the "Company") (TSX: AMM) (NYSE MKT: AAU) is pleased to provide the results of its Annual General Meeting held on June 29, 2016.

All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM.

The details of the voting results for the election of directors are set out below:

Nominee

Number of Votes For

Number of Votes Withheld

Duane Poliquin

18,701,944

55,227

Morgan Poliquin

18,702,044

55,127

Gerald G. Carlson

18,702,521

54,650

John (Jack) McCleary

18,702,521

54,650

Joseph Montgomery

18,708,521

48,650

Mark T. Brown

14,790,077

3,967,094

William J. Worrall

18,708,521

48,650

A total of 18,757,171 common shares, representing 23% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM.

Shareholders also approved the appointment of Davidson & Company LLP as auditors of the Company for the ensuing year.

Almaden owns 100% of the Tuligtic project in Puebla State, Mexico, subject to a 2% NSR royalty held by Almadex Minerals Limited. Tuligtic covers the Ixtaca gold/silver deposit, which was discovered by Almaden in 2010.